The ASLEF union has called off two days of strike action as it approaches an agreement with East Midlands Trains over changes to the firm's scheme.
ASLEF had planned strikes on 23 and 25 June in response to EMT's attempts to reduce contributions to the defined benefit scheme. EMT originally proposed to cease the extra employee and employer contributions...
“Mounting red flags of financial stress” have meant almost two-thirds of listed companies with defined benefit (DB) schemes have issued profit warnings this year, EY says.
With rumours once again swirling around the future of pensions tax relief in the run up to this year's Budget, any reduced incentive for long-term savers could risk further exacerbating the generational divide in pensions, says Tom Selby
Trustees are set to have an increased duty of care to ensure employees and members make informed choices when accessing their pension, according to Wealth At Work.
The Family Building Society’s 250-member defined benefit (DB) scheme has transferred into TPT Retirement Solutions’ master trust, DB Complete.